Post Utme Bsu 2021 Commerce Question 35

Practice objective / multiple choice question 35 from the 2021 Post Utme Bsu Commerce examination.

Post Utme Bsu 2021 Commerce Objective / Multiple Choice
Question 35 POST_UTME_BSU • 2021 • COMMERCE • objective

A sole trader's business has been affected by a natural disaster, and the trader is seeking compensation from the government. If the government's compensation scheme provides a maximum payout of ₦500,000, and the trader's losses are estimated to be ₦1,000,000, what is the likely outcome?

Answer Options

A. The trader will receive the full amount of ₦1,000,000
Correct Answer B. The trader will receive ₦500,000
C. The trader will not receive any compensation
D. The trader will receive a partial payout of ₦750,000
Correct Answer
B
Correct Option:
The trader will receive ₦500,000

About This Question

This is Post Utme Bsu 2021 Commerce Question 35. It is one of the objective questions from the 2021 Post Utme Bsu Commerce examination.

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